Purple Wave Infocom’s ₹31.45 crore SME IPO opened on Friday with no grey-market premium, indicating a neutral debut. The issue, priced at ₹120–126 per share, is a fully fresh offer of 24.96 lakh shares and closes on December 2. Retail investors must bid for at least 2,000 shares, costing ₹2.52 lakh at the upper band....Read More

Logiciel Solutions’ ₹39.90 crore SME IPO opened on Friday with steady investor interest, reflected in a grey market premium of around 21%. The issue, priced at ₹183–193 per share, includes a ₹32.70 crore fresh issue and a ₹7.20 crore offer for sale. Retail investors must apply for at least 1,200 shares (₹2.31 lakh at the...Read More

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Nifty hit a fresh intraday record, with analysts expecting the bullish trend to continue towards 26,500. Traders are advised to hold existing positions and focus on outperforming sectors like banking and financials. Strategies like buying at-the-money call options or bull-call spreads are suggested for potential gains.Read More

Global equities held firm, buoyed by expectations of faster Federal Reserve rate cuts and a return of risk appetite, with Bitcoin surging. Markets anticipate a year-end rally, supported by a positive macro outlook and decent corporate earnings. Tech shares led gains in Asia, while German equities rose on takeover interest.Read More

Indian markets reached new record highs on Thursday. Global markets showed strong performance, boosting domestic sentiment. Analysts identified 26,300 as a key resistance level. A break above this could lead to further gains. The India VIX, a fear gauge, declined. Foreign investors were net sellers, while domestic institutional investors were net buyers. The rupee weakened...Read More

Markets reached a new record high on Thursday, buoyed by positive global sentiment, expectations of interest rate cuts, and falling crude oil prices. Several companies, including Bandhan Bank, Lenskart, and Adani Enterprises, are in focus due to significant business developments and strategic moves.Read More

Asian stocks showed signs of losing momentum Friday, with indexes opening lower in South Korea and Japan, while global equities remained flat. Investors are closely watching Chinese stocks after JPMorgan upgraded its recommendation, and are also focused on the yen’s stability amid steady Tokyo inflation and potential Bank of Japan rate hikes.Read More